SPY MARKET OBSERVATION • 2026-07-29

SPY Outlook 2026-07-29 — Key Levels & Tomorrow Bias

Review the SPY key levels, market structure, next levels, Tomorrow Bias, and outcome for this date.

Today — Current Session

UB1742.81
UB2745.66
UB3748.51
LB1737.12
LB2734.27
LB3731.42

Prior Trading Day

UB1741.22
UB2744.47
UB3747.72
LB1734.73
LB2731.48
LB3728.23

ACCEPT / REJECT / INTERLEAVED Structure

Market StateAWAITING LIVE STATE
Structure ModeINTERLEAVED
Accepted LevelsPrior LB3, Today LB, Today UB
Rejected LevelsPrior LB, Prior LB2, Prior UB, Prior UB2, Today LB2, Today UB2
PEER ACCEPTED INTERACTION

Continuation Plan

DirectionLONG
Accepted LevelToday UB
Confirmation / Trigger742.84
Projected Target749.34
Current StatusNOT TRIGGERED
SPY Reference739.90

General market information only. Reaching a published level is not an instruction to place a trade.

PEER REJECTED INTERACTION

Reversal Plan

DirectionLONG
Rejected LevelPrior LB
Reversal Confirmation734.47
Projected Target735.97
Current StatusTARGET REACHED
Hard Invalidation742.79

General market information only. Reaching a published level is not an instruction to place a trade.

Next Values We Are Observing

The active observation ladder is shown below.

OBSERVE NEXT 1
Prior UB — 741.22
OBSERVE NEXT 2
Today UB — 742.81
OBSERVE NEXT 3
Prior UB2 — 744.47
SPY TOMORROW OUTLOOK

SHORT • 73.7% confidence

Watch737.01
Confirmation737.01
Invalidation742.79
Target734.13
Extension731.24
Reversal Confirmation741.52

SPY Level Outlook — Available Pre-EOD

Prior LB — 734.47
ACCEPT / CONTINUATION • up projection 741.35 • down projection 727.59 • projected target 731.15 • today status REACHED
Prior LB — 734.99
ACCEPT / CONTINUATION • up projection 741.85 • down projection 728.12 • projected target 731.81 • today status REACHED
Today LB — 737.22
ACCEPT / CONTINUATION • up projection 742.63 • down projection 731.81 • projected target 734.41 • today status REACHED
Today LB — 737.01
ACCEPT / CONTINUATION • up projection 742.28 • down projection 731.75 • projected target 734.13 • today status REACHED
Prior LB2 — 731.81
REJECT / REVERSAL • up projection 734.09 • down projection 729.54 • projected target 728.64 • today status REACHED
Prior LB2 — 731.15
REJECT / REVERSAL • up projection 733.37 • down projection 728.93 • projected target 727.83 • today status REACHED
Today LB2 — 734.41
REJECT / REVERSAL • up projection 734.90 • down projection 733.91 • projected target 731.59 • today status REACHED
Today LB3 — 731.24
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 731.24 • today status REACHED
Prior LB3 — 727.83
ACCEPT / CONTINUATION • up projection N/A • down projection N/A • projected target 727.83 • today status NOT REACHED

TOMORROW BIAS — OUTCOME & PRICE AUDIT

Confirmation737.01
Primary Target734.13
Hard Invalidation742.79
Target Completed20.0%
Invalidation50.0%
No Completion40.0%

If Day 1 Does Not Complete

Day-2 continuation25.0%
Continuation reference734.13
Day-2 reversal0.0%
Reversal confirmation741.52

Actual Next-Day Audit

CONFIRMED_UNRESOLVED

The published confirmation price traded during the next regular session; target and invalidation were not reached.

Open / High / Low / Close736.05 / 742.45 / 734.59 / 741.69
General-purpose market observation.

Nothing on this page is a recommendation, solicitation, personalized advice, or an instruction to buy, sell, hold, open, close, or size a securities or options position.